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According to the public record, Flat 3, 62, St. Lukes Avenue, Ramsgate is a period leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, 62, St. Lukes Avenue, Ramsgate is £147,812 and the estimated rental value is £845 per month.
The apartment is within 62, St. Lukes Avenue, Ramsgate, CT11.
St. Lukes Avenue, Ramsgate, CT11 is located in the borough of Thanet within the CT11 postal district.
Flat 3, 62, St. Lukes Avenue, Ramsgate has 2 entries in the Land Registry , most recently in February 2017 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 3, 62, St. Lukes Avenue, Ramsgate is in very good condition we estimate a sale value of £155,203 and a rental value of £887 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £137,465 and a rental value of £786 per month.
Over the last 12 months the sale value of Flat 3 62 St. Lukes Avenue Ramsgate has decreased by an estimated £5,553 (3.8%) and its rental value has increased by an estimated £17 per month (2.1%), giving an expected gross yield of 6.9%.
Flat 3, 62, St. Lukes Avenue, Ramsgate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 3, 62, St. Lukes Avenue, Ramsgate was last sold on 28th February 2017 for £135,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2017, the market for similar properties has risen 15.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 62, St. Lukes Avenue, Ramsgate within a radius of 440 metres over the last 2 years.
The most recent example is Flat 1, 4, Percy Road, Ramsgate, CT11 7JD, a leasehold flat which sold for £139,500 on the 15th November 2023.
Read more about house prices in CT11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Lukes Avenue, Ramsgate, CT11 has a total of 156 addresses. According to our analysis of all the public data, Flat 3, 62, St. Lukes Avenue, Ramsgate is the 141st largest and the 150th most expensive property on the street.
When compared to the postcode district it is £111k less expensive than the average property in CT11.
The closest station to Flat 3, 62, St. Lukes Avenue, Ramsgate is Ramsgate station which is 600 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, 62, St. Lukes Avenue, Ramsgate, 38.1% of property is privately rented and 33.1% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 3, 62, St. Lukes Avenue, Ramsgate, 13.6% of residents are recorded as possessing school level qualifications and 23.9% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 3, 62, St. Lukes Avenue, Ramsgate, the average age was 37.9 and the most common age was 52.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 3, 62, St. Lukes Avenue, Ramsgate, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 3, 62, St. Lukes Avenue, Ramsgate, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.